Coin wrapping and counting machine



July 29, 1952 s. K. lvERsoN COIN WRAPPING AND COUNTING MACHINE ATTORNEYSPatented July 29, 1952 ffUNlTsD STATES Parent ortica COIN WRAPPING ANDCOUNTING MACHINE Sani K. Iverson, Colfax, Wis. ApplicationOctober 18,1943, Serial No. 55,189

This invention relates to a device for countin and wrapping coins.

It is necessary in practically every business to count coins of variousdenominations, assemble them in predetermined amounts, and wrap them. Anoverwhelming majority of businesses are small, and since the smallbusiness mancannot afford expensive machinery for this purpose, the workis in most cases done by hand. The work is time consuming and laborious.Additionally, the human tendency to err results quite often in aninaccurate account.

An important object of the present invention, accordingly, is theprovision of a device as described that will be capable of manufactureat a cost low enoughto place it within reach of all those having `needfor it. Y

Another important object is to provide a device as described so designedas to be practically incapable of getting out-oi-order, and so designed,further, as to require no maintenance.

Another important object is to provide a device as described which willbe accurate in the counting of coins. Y

Another important object is toprovide a device las described that can beused with speed and ease both in the counting and the Wrapping of coins.

To this end, my invention briey includes a base that supports all theother parts of the invention, which base is shallowly grooved to receivea roll of coins, whether they be dimes, nickels, pennies, quartersorhalf dollars; sleevelike casings iixedly mounted on the base at Oppositeends of the groove; opposed bolts adapted to engage opposite ends of aroll of coins placed in the groove, that are spring-pressed out of thecasing; and means for adjusting the relation of the bolts to each other,so as' to accommodate the machine to the counting and wrapping of coinsof different denominations.

With the foregoing and other objects in View which will appear as thedescription proceeds, the invention consists of certain novel details ofconstruction and-combinations of parts, hereinafter more fully describedand pointed out in the claim, it being understood that changes may bemade in the construction and arrangement of parts Without departing fromthe spirit of the invention as claimed.

Referringto the drawings: y

Figure 1 is a side elevational View of a device constructed inaccordance with the invention.

Figure 2 is a top plan view.

Figure 3 is an enlarged end elevation.

1 Claim. (Cl. 53-46) Figure 4 is an enlarged section taken on line i ofFig. 2.

Figure 5 is a section similar to Fig. 4, showing a modification.

Referring to the drawings in detail, i is a base of generally elongatedand rectangular conformation, and constructed of any suitable material,such as metal, wood, or plastic.

Centrally disposed in the base, and formed in the upper surface thereof,is an elongated and shallow groove I I, that is curved transversely fromend to end, said transverse curvature being best illustrated in Figure3. This groove is for receiving a roll of coins A to be counted andWrapped.

Adjacent each end of the groove I I, and aligned longitudinally with thegroove, are the hold-down clamps I2, of inverted U-shape in crosssection, and lxedly secured to the upper surface of the base by anysuitable fastening means. These clamps respectively hold lflXedly to thebase the sleeve-like casing I3, there being one such casing at eitherend of the device.

The casings I3 in the present instance are cylindrical, and tubular, andeach casing is open at both ends. Communicating with the bore of eachcasing I 3 is the elongated closed slot I formed in the wall of thecasing, and aligned longitudinally therewith.

Opening from each slot l@ are the spaced 1ateral notches I5, I6, I'I,I8. The purpose and use of these notches will be set forth in detailheren inafter. For the present, it is suflicient to state that thenotches are used in connection with adjusting of the device to Vcountcoins of I`different denominations. In the illustrated example oithefdevice, notch I5 is used for counting live dollars in dimes; I6 isused for counting ten dollars in quarters; I'I is used for two dollarsin nickels; and I8 is used for fty cents in pennies. Slidable in thecasings I3 are the sleeves IS. Each sleeve is formed with the bore 2liopening at opposite ends of the sleeve, said bore being reduced near theinner end of the sleeve to provide Within the sleeve the annular stopshoulde or abutment 2|. The other end of the bore is threaded 'toreceive the plug 22. Plug 22 is adapted to hold Within the sleeve, andadjust the tension of, the compression spring 23. The innerend of thecompressionspring engages collar 24 formed on the end of the slidingbolt 25, that slides in the bore 20 of the sleeve. Spring 23, pressingagainst the collar 24, yieldably holds it against the stop 2 I. Eachsliding bolt 25 has formed therein the annular groove 26. When collar 24is in engagement with shoulder 2l, as shown in Fig. 4, the groove 26 isflush with the inner end of the sleeve I9, and is just barely visible inits entirety as readily noted from Figs. 1, 2, and 4.

The projecting or inner end of each bolt 25 is preferably formed withthe enlarged head 21, each head adapted to engage one end of a roll ofcoins A.

Fixedly secured to each sleeve I9, and projecting through thelongitudinal slotl I4 of each casing, is the detent 28, adapted to bereceivedin any of the transverse notches I5, I6, I'I, I8.

The operation of the device may now be noted. Assuming that the deviceis, for example, going to be used to count and Wrap dimes, thedetents 28will be positioned in the notches I5. 'This results in adjustment oftherespectivev sleeves I9, and the bolts 25 carried thereby, as to thespacing therebetween, so that the headsfZI of the bolts are spaced aparta distance that will accommodate snugly a roll of'ifty dimes. Once soadjusted, sleeves I9 will be held stationary, since longitudinalmovement thereof will be prevented by positioning of the detents 28inthe transverseV notches I5. Bolts 25 will of course be held yieldablythe prescribed distance apart, by Springs'23 pressing collars 24`against the'stops or shoulders 2I. The bolts Y25 v'cannot be movedcloser together, but either can of course be moved away from the otherby yielding of the spring.

The user vnow simply takes a roll of Adimes which he roughly estimatesat fifty in number. If he has less than nity, roll A will not ll thespace between' the heads 21. Ide-therefore adds enough dimes to snuglylill the space.

If the roll contains more than' fifty dimes, one or both annular grooves26 will disappear from view. An appropriate number of dimes isaccordingly removed from the roll-until the grooves26 are again visible.

It may be noted at'this pointthat before even entering the roll A ofdimes in groove I I, the user will rst lay in said groove a-coinywrapping paper, not shown.

rI'he entire operation mentioned above is of courseV performed withgreat speed, and after a very little amount of practice, one -using themachine is able to set up yrolls of iifty dimes, ready for wrapping, inminimum time.

After the coinsare counted as describedabove, one needonly-pushrthe'roll to the right in Fig. 1 or- 2, so as -to clear-the`left hand-end of the roll for foldingover a wrapper-thereupon. The rollof coins is then'pushedfto the left for folding-the right-hand side-ofthe wrapper over theright hand endV of the roll. -Bolts25-yield in turnfor performing this operation. Before performing this operation, thecoins are rolled in the wrapper, preferably" while still in`center-position as' illustrated inY Figs. 1 and -2,-in whichpositionthe opposed heads 27- will-hold the coins uprightffor easy rolling. Y

In Fig. 5, a modified formof the devicehas been illustrated. In thisform, the coin holding bolt is designated 29, and is ixedly secured; andby integral formation` to the enlarged` cylindrical end portion 30,-that iseadjustably .positionedlin casing I3 by-means of detent 3|. Inthis'form. the solid construction of bolt 29 and the end portionv3Il--takes the'place of' a bolt 25, Spring23. o

and-sleeve I9. yThe form shown in Fig. 5canY be substituted for thespring unit on either side of the device. The operation of the deviceremains the same, in that after the coins are counted, the coin holdingbolt is moved outwardly, as for instance to the right. This providesample room for folding the wrapping paper over the left end of the coinroll. Then, the roll of coins is pushed to the left in the groove sothat the paper can be Wrapped over the right end of the roll.

It will be readily noted that once the device is adjusted, theadjustment will be retained for the counting and wrapping of succeedingrolls.

`Assuming that all dimes have been counted, and "that one desres'next tocount quarters, detents are. moved to the notches I6, and the processrepeated.

What is claimed is:

In a coin wrapping and counting machine a base having an elongatedshallow groove opening through the upper side thereof, elongated alignedtubular casings carried by the base adjacent opposite ends of thegroove, said casings aligning longitudinally with the groove and havingelongated longitudinal slots opening therethrough adjacent the ends'thereof remote from Ythe groove, said tubular casings also havinglongitudinally spaced parallel peripheral notches extending'therethroughand communicating with the longitudinal slots, elongated tubular sleevesmounted in the tubular casings for longitudinal sliding movementtherein, an inwardly extending annular stop shoulder carried by eachsleeve adjacent the end thereof adjacent the groove, a plug carried byand closing the end of each sleeve remote from its stop shoulder, adetent carried by each sleeve intermediate the ends thereof andextending radiallyrtherefroin through an adjacent'longitudinal-slot,said detents being adaptedtoengage the Walls of selected peripheralslots to hold ithe sleeves against longitudinal movement in theirrespective tubular casings, bolts mounted i in thesleeves 'forlongitudinal movement relative thereto, compression coiled springsWithin the sleeves and engaging the plugs and-bolts to yieldinglyadvance the bolts toward one anothenvoutwardly extending annular stopcollarscarried by the bolts adjacent the ends thereof remote f-rom thegroove for engagingadjacent-stop shoulders and limiting the advanceofthe .bolts underl the iniluence of the springs, and signalling meanscarried by thel bolts intermediate -the ends thereof to visibly indicatethat the-bolts are fully advanced.

'SAMKQ IVERSON.

l'REFERENCES f CITED The following'V references are of record in the leof this' patent:

UNTED STATES PATENTS

